$369,000
 $1,981 est/mo Sourced by Back At You

N4937 River Drive,Wallace, MI 49893

Wallace, MI 49893

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Description

Endless possibilities await with this expansive six-bedroom home set on over two acres along the beautiful Menominee River, offering approximately 300 feet of river frontage. Originally constructed for adult foster care use, this unique property was thoughtfully designed with space and functionality in mind, making it ideal for a large household, multi-generational living, care facility potential, Airbnb investment, or an incredible family vacation retreat. Offering over 3,300 square feet of main-level living plus a full basement, the home features six bedrooms, three full bathrooms, one half bathroom, and a dedicated office that could easily serve as a seventh bedroom if desired. Inside, you will find a spacious kitchen, expansive dining room, comfortable living room, cozy sitting room, and a sun room filled with natural light, creating multiple gathering spaces throughout the home. Step outside onto the back deck and enjoy the peaceful yard and riverfront setting. Additional highlights include a fenced-in backyard, four-stall garage, and ample room for storage, hobbies, or recreational use. A fire suppression system is already in place and would require re-certification. Rare opportunity to own a sizable riverfront property with exceptional flexibility, space, and income-producing potential.

Details

MLS #50207491
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1999
Days On Site132
Listing Provided ByUPWARDS REAL ESTATE | MELISSA MIKUS

Features

Bed(s)6
Bath(s) 4 Total
SQ Feet3,347
Garage4
BasementY
Story(s)1
ZoningResidential
Acreage2.32
Water FrontYes

Interior

Rooms Total16
Cooling Yes / NoYes
CoolingCentral Air
Heating Yes / NoYes
HeatingPropane, Forced Air
Interior FeaturesSump Pump
Window FeaturesWindow Treatments
AppliancesDishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Gas Water Heater

Exterior

Security FeaturesFire Sprinkler System
Construction MaterialsVinyl Siding, Vinyl Trim
Foundation DetailsBasement
Lot FeaturesDeep Lot - 150+ Ft., Rural, Irregular Lot

Parking

Garage Yes / NoYes
Attached Garage Yes / NoNo
Parking FeaturesGarage

Utilities

UtilitiesElectricity Connected, Natural Gas Not Available, Propane Tank Leased

Other

List AorUpper Peninsula Assoc of Realtors

Taxes

Property5811

Area Information

StateMI
CountyMenominee
CityWallace
Zip Code49893
AreaMellen Twp (55014)
Listing VS Median (in 49893)
Price:
$369,000
low | high
Med:
$359,500
52.574525745257% of Average
sqft:
3,347
low | high
Med:
2,595
72.467881685091% of Average
$ / sqft:
$110
low | high
Med:
$150
13.872456684415% of Average
On site:
132
low | high
Med:
109
100% of Average
Sourced by Back At You

Market Activity 49893

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Learn More About This Property

StateMI
CountyMenominee
CityWallace
Zip Code49893
AreaMellen Twp (55014)
Listing VS Median (in 49893)
Price:
$369,000
low | high
Med:
$359,500
52.574525745257% of Average
sqft:
3,347
low | high
Med:
2,595
72.467881685091% of Average
$ / sqft:
$110
low | high
Med:
$150
13.872456684415% of Average
On site:
132
low | high
Med:
109
100% of Average
Sourced by Back At You
Listing Updated: September 11, 2026 at 1:49:02 PM PDT